President Donald Trump announced that he’s pausing tariffs on Mexico and Canada after speaking to leaders of both countries on Monday — just hours before the sweeping actions were set to go into effect.

U.S. President Donald Trump and Mexican President Claudia Sheinbaum say their planned tariffs are on hold for a month to give time for further negotiations

Hours before sweeping tariffs on imports from Mexico and Canada were due to start, agreements were reached to put them on hold for 30 days. Here's what to know: President Trump held separate telephone